Pegasystems Inc Stock Price, News & Analysis

Pegasystems Inc. has appointed Katherine Parente as the new chief people officer, effective January 4, 2022. With over 20 years in human resources, Parente previously held leadership roles at FactSet Research Systems and Axiom. She will focus on enhancing Pega's global people strategy and operations, reporting directly to Alan Trefler, the founder and CEO. Pega, recognized as a top employer, aims to leverage her experience to address challenges in the evolving job market and continue its growth trajectory.

Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, reflecting the company's commitment to its current dividend program. This dividend for Q1 2022 is scheduled for payment on January 17, 2022, to shareholders recorded by January 3, 2022. The company continues to help enterprises navigate business complexity using its innovative software powered by real-time AI and intelligent automation.

Pegasystems has been recognized as a Leader in Digital Process Automation (DPA) Software by Forrester in its Q4 2021 report. The company received the highest score in the current offering category, showcasing its advanced capabilities in low-code application development. Reference customers noted significant improvements in meeting business requirements more quickly and cost-effectively. The report emphasizes Pega's effectiveness in handling complex processes, integrating AI and automation, and providing scalable solutions for enterprises.

Pegasystems Inc. (NASDAQ: PEGA) unveiled its Next-Best-Action Customer Journeys, an AI-driven capability that enhances conventional customer interactions by utilizing intelligent decisioning and propensity modeling. This innovation is designed to address the shortcomings of traditional marketing by dynamically adapting messages based on individual customer behavior and context. The Pega Customer Decision Hub now integrates journey data and real-time scoring to optimize customer experiences across multiple channels. This capability is part of the Pega Infinity™ suite and is available now.

Pegасystems Inc. (NASDAQ: PEGA) announced that DKB Service GmbH, a subsidiary of Deutsche Kreditbank AG, has implemented the Pega Platform™ to enhance back-office efficiency. The initiative aims to standardize and automate processes, reducing customer processing times and allowing employees to focus on higher-value tasks. DKBS plans to increase its customer base by 100% in three years while maintaining staff levels. The platform integrates seamlessly with existing systems, enabling easy scaling and low-code software development by employees, thus supporting digital transformation.

Pegaworld, the software innovator, has announced that COO and CFO Ken Stillwell will present at two upcoming investor conferences. The first is the Credit Suisse 25th Annual Technology Conference on November 30, 2021, at 2:30 PM MT (4:30 PM ET). The second is the Barclays Global Technology, Media and Technology Conference on December 7, 2021, at 8:00 AM ET (5:00 AM PT). Both presentations will be accessible via Pega's Investors page with archived versions available for a limited time.

Pegasystems (NASDAQ: PEGA) has signed the United Kingdom Armed Forces Covenant, committing to support service personnel, reservists, veterans, and military families. This initiative aims to ensure fair treatment for these individuals and highlights Pega's commitment to employing service leavers. The signing will foster a better working environment and offer benefits like flexible leave for servicemembers' families. Key figures, including Vice Admiral Nick Hine and Hayden Stafford, emphasized the importance of recognizing the contributions of military personnel within the corporate sphere.

Pegasystems Inc. reveals in a recent study that IT departments will undergo significant transformation over the next five years. Conducted by iResearch across 10 countries, the survey found that 51% of IT leaders lack confidence in their teams' ability to drive change. Moreover, 58% reported wasted investments ranging from $1 million to $10 million on ineffective solutions. However, the study also highlights opportunities for increased value through decentralization, improved skills, and a more collaborative environment, which could enhance decision-making and operational efficiency.

Pegasystems Inc. (NASDAQ: PEGA) has been recognized by Gartner in its 2021 reports for Enterprise Low-Code Application Platforms and Multiexperience Development Platforms. Pega achieved the highest score for the Business Workflow Automation Use Case among 12 vendors and ranked in the top three across all evaluated Use Cases. In the MXDP report, Pega led in key areas like Conversational App Development. These accolades reinforce Pega's commitment to innovative solutions that enhance user engagement and business agility.